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Working As A Medical Billing Clerk

  • Processing Information
  • Interacting With Computers
  • Getting Information
  • Performing Administrative Activities
  • Communicating with Supervisors, Peers, or Subordinates
  • Mostly Sitting

  • Repetitive

  • $32,000

    Average Salary

What Does A Medical Billing Clerk Do

Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions.

Duties

Financial clerks typically do the following:

  • Keep and update financial records
  • Compute bills and charges
  • Offer customer assistance
  • Carry out financial transactions

Financial clerks give administrative and clerical support in financial settings. Their specific job duties vary by specialty and by setting.

Billing and posting clerks calculate charges, develop bills, and prepare them to be mailed to customers. They review documents such as purchase orders, sales tickets, charge slips, and hospital records to compute fees or charges due. They also contact customers to get or give account information.

Gaming cage workers work in casinos and other gaming establishments. The “cage” in which they work is the central depository for money and gaming chips. Gaming cage workers sell gambling chips, tokens, or tickets to patrons. They count funds and reconcile daily summaries of transactions in order to balance books.

Payroll and timekeeping clerks compile and post employee time and payroll data. They verify and record attendance, hours worked, and pay adjustments. They ensure that employees are paid on time and that their paychecks are accurate.

Procurement clerks compile requests for materials, prepare purchase orders, keep track of purchases and supplies, and handle questions about orders. They respond to questions from customers and suppliers about the status of orders. They handle requests to change or cancel orders. They make sure that purchases arrive on schedule and that the items meet the purchaser’s specifications.

Brokerage clerks help with tasks associated with securities such as stocks, bonds, commodities, and other kinds of investments. Their duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, distributing dividends, and keeping records of daily transactions and holdings.

Credit authorizers, checkers, and clerks review the credit history, and get the information needed to determine the creditworthiness, of individuals or businesses applying for credit. Credit authorizers evaluate customers’ computerized credit records and payment histories to decide, based on predetermined standards, whether to approve new credit. Credit checkers call or write credit departments of business and service establishments to get information about applicants’ credit standing.

Loan interviewers, also called loan processors or loan clerks, interview applicants and others to get and verify personal and financial information needed to complete loan applications. They also prepare the documents that go to the appraiser and are issued at the closing of a loan.

New accounts clerks interview people who want to open accounts in financial institutions. They explain the account services available to prospective customers and help them fill out applications. They also investigate and correct errors in accounts.

Insurance claims and policy processing clerks process applications for insurance policies. They also handle customers’ requests to change or cancel their existing policies. Their duties include interviewing clients and reviewing insurance applications to ensure that all questions have been answered. They also notify insurance agents and accounting departments of policy cancellations or changes.

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How To Become A Medical Billing Clerk

A high school diploma or equivalent is typically required for most financial clerk jobs. These workers usually learn their duties through on-the-job training.

Education

Financial clerks typically need a high school diploma or equivalent to enter the occupation. Employers of brokerage clerks may prefer candidates who have taken some college courses in business or economics and, in some cases, require a 2- or 4-year college degree.

Training

Most financial clerks learn how to do their job duties through on-the-job training. Some formal technical training also may be necessary; for example, gaming cage workers may need training in specific gaming regulations and procedures.

Advancement

Financial clerks can advance to related occupations in finance. For example, a loan interviewer or clerk can become a loan officer, and a brokerage clerk can become a securities, commodities, or financial services sales agent, after obtaining the required education and license.

Important Qualities

Communication skills. Financial clerks should have good communication skills so that they can explain policies and procedures to colleagues and customers.

Math skills. The job duties of financial clerks, including calculating charges and checking credit scores, require basic math skills.

Organizational skills. Strong organizational skills are important for financial clerks because they must be able to find files quickly and efficiently.

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Medical Billing Clerk Career Paths

Medical Billing Clerk
Billing Specialist Accounts Receivable Specialist Accountant
Accountant And Office Manager
6 Yearsyrs
Billing Specialist Team Leader Office Manager
Practice Manager
9 Yearsyrs
Billing Specialist Team Leader Case Manager
Clinical Manager
8 Yearsyrs
Medical Billing, Receptionist Accounts Receivable Specialist Credit Analyst
Credit Manager
5 Yearsyrs
Medical Billing, Receptionist Accounts Receivable Specialist Accountant
Accounts Payable Manager
7 Yearsyrs
Medical Billing, Receptionist Medical Coder Office Manager
Accounts Receivable Manager
6 Yearsyrs
Account Representative Account Executive Office Manager
Business Office Manager
7 Yearsyrs
Account Representative Specialist Executive Assistant
Office Manager Of Human Resources
6 Yearsyrs
Account Representative Administrator Business Office Manager
Business Office Director
8 Yearsyrs
Billing Representative Collections Specialist Senior Collector
Collections Manager
5 Yearsyrs
Billing Representative Reimbursement Specialist Medical Coder
Billing Manager
7 Yearsyrs
Billing Representative Medical Coder Billing Manager
Revenue Manager
8 Yearsyrs
Certified Nursing Assistant Team Leader Director
Administrative Director
8 Yearsyrs
Certified Nursing Assistant Service Assistant Service Supervisor
Patient Services Manager
7 Yearsyrs
Accounts Payable Clerk Billing Analyst
Billing Supervisor
6 Yearsyrs
Accounts Payable Clerk Billing Analyst Billing Supervisor
Billing Office Manager
6 Yearsyrs
Accounts Receivable Clerk Accounts Receivable Supervisor Billing Supervisor
Patient Account Manager
7 Yearsyrs
Accounts Payable Clerk Billing And Insurance Coordinator
Senior Billing Specialist
7 Yearsyrs
Medical Assistant/Biller Office Manager/Medical Assistant Medical Office Manager
Medical Billing Manager
6 Yearsyrs
Bill Collector Collections Specialist Credit And Collections Analyst
Senior Accounts Receivable Specialist
7 Yearsyrs
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Average Length of Employment
Insurance Clerk 3.3 years
Insurance Biller 3.3 years
Billing Specialist 3.0 years
Billing Coder 3.0 years
Bill Poster 2.8 years
Billing Associate 2.8 years
Biller 2.6 years
Billing Assistant 2.2 years
Top Careers Before Medical Billing Clerk
Cashier 7.8%
Internship 2.6%
Secretary 2.3%
Top Careers After Medical Billing Clerk
Cashier 6.8%

Do you work as a Medical Billing Clerk?

Average Yearly Salary
$32,000
Show Salaries
$27,000
Min 10%
$32,000
Median 50%
$32,000
Median 50%
$32,000
Median 50%
$32,000
Median 50%
$32,000
Median 50%
$32,000
Median 50%
$32,000
Median 50%
$38,000
Max 90%
Best Paying Company
Area Temps
Highest Paying City
San Leandro, CA
Highest Paying State
California
Avg Experience Level
2.9 years
How much does a Medical Billing Clerk make at top companies?
The national average salary for a Medical Billing Clerk in the United States is $32,370 per year or $16 per hour. Those in the bottom 10 percent make under $27,000 a year, and the top 10 percent make over $38,000.

The largest raises come from changing jobs.

See what's out there.

Top Skills for A Medical Billing Clerk

  1. Insurance Companies
  2. Medical Billing
  3. Data Entry
You can check out examples of real life uses of top skills on resumes here:
  • Mailed and/or electronically filed primary and secondary medical claims to insurance companies in order to receive payment for the hospital.
  • Promoted to medical billing support services after 2 years of reception responsibilities and general helper assistance.
  • Retrieve activity logs and perform data entry services of demographic and insurance information into database for multiple physicians' offices.
  • Checked Medicaid, Medicare and Prenatal Care Assessment Program patients for eligibility and transferred to appropriate insurance.
  • Provided medical records needed to determine eligibility for services rendered when requested by insurance companies.

Rank:

Average Salary:

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Top 10 Best States for Medical Billing Clerks

  1. Nevada
  2. Rhode Island
  3. Connecticut
  4. Minnesota
  5. North Dakota
  6. Delaware
  7. New York
  8. Wisconsin
  9. Oregon
  10. Iowa
  • (105 jobs)
  • (51 jobs)
  • (207 jobs)
  • (256 jobs)
  • (22 jobs)
  • (41 jobs)
  • (751 jobs)
  • (178 jobs)
  • (127 jobs)
  • (176 jobs)

Medical Billing Clerk Resume Examples And Tips

The average resume reviewer spends between 5 to 7 seconds looking at a single resume, which leaves the average job applier with roughly six seconds to make a killer first impression. Thanks to this, a single typo or error on your resume can disqualify you right out of the gate. At Zippia, we went through over 5,788 Medical Billing Clerk resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Create A Top Notch Medical Billing Clerk Resume

View Resume Examples

Medical Billing Clerk Demographics

Gender

Female

80.2%

Male

15.1%

Unknown

4.7%
Ethnicity

White

58.8%

Hispanic or Latino

19.9%

Black or African American

11.4%

Asian

6.6%

Unknown

3.4%
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Foreign Languages Spoken

Spanish

75.3%

Russian

4.8%

French

2.4%

Portuguese

1.8%

Mandarin

1.8%

Carrier

1.8%

Korean

1.8%

Chinese

1.2%

Vietnamese

1.2%

Japanese

1.2%

Tagalog

1.2%

Samoan

0.6%

Khmer

0.6%

Urdu

0.6%

German

0.6%

Hindi

0.6%

Somali

0.6%

Polish

0.6%

Cantonese

0.6%

Arabic

0.6%
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Medical Billing Clerk Education

Schools

All American Career College

10.3%

Everest Institute

9.9%

Remington College

8.2%

Ashford University

7.3%

Kaplan University

7.3%

Miami Dade College

5.2%

Branford Hall Career Institute - Branford Campus

5.2%

Ultimate Medical Academy - Clearwater

4.7%

Thompson Institute

4.3%

Nassau Community College

3.9%

San Joaquin Valley College

3.9%

Baker College

3.9%

United Education Institute - Huntington Park Campus

3.4%

Kean University

3.4%

University of Pennsylvania

3.4%

American InterContinental University

3.4%

Bryant and Stratton College

3.4%

Heald College - Central Administrative Office

3.0%

U.S. Career Institute

3.0%

Texas School of Business

3.0%
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Majors

Health Care Administration

36.5%

Business

14.4%

Accounting

7.6%

Medical Assisting Services

6.7%

Insurance

5.2%

Nursing

4.1%

Management

2.9%

Psychology

2.8%

General Studies

2.2%

Health/Medical Preparatory Programs

2.0%

Computer Science

2.0%

Liberal Arts

2.0%

Criminal Justice

1.9%

Information Technology

1.8%

Secretarial And Administrative Science

1.6%

Education

1.4%

Medical Technician

1.4%

Computer Information Systems

1.3%

Legal Support Services

1.2%

Human Resources Management

1.1%
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Degrees

Associate

24.9%

High School Diploma

20.6%

Certificate

20.4%

Bachelors

18.1%

Diploma

12.7%

Masters

2.3%

License

0.9%

Doctorate

0.1%
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Top Medical Billing Clerk Employers

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Medical Billing Clerk Videos

Medical Bill Coder

Medical Coder, Career Video from drkit.org

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Updated May 18, 2020